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ROI Calculator or Return On Investment Calculator

Published on September 16, 2016 Updated on November 4th, 2016

The ROI Calculator or Return On Investment Calculator helps you measure the efficiency of an investment or our case, a bet. The ROI calculator essentially takes the projected gains from a bet and divides it by the total cost of the bet to come up with a percentage representing the ROI for that wager. This may help you evaluate which bets to place based on the return you are looking for. You are going to need to know a few things before you start: first determine the amount you expect to wager. Next you want to determine the likelihood of winning the bet. This can be your personal feeling on the bet or you can try the Fair Odds Calculator to determine the implied probability of a bet with the vig or juice removed. There is no sense in entering the implied probability from the actual odds, because the ROI calculator will return a 0% rate of return. The final step is to enter the American odds:

ROI Calculator

Betting Amount

$

Your Probability of Winning

%

Odds (in any format)

Implied Probability

Winnings

Return

How the ROI Calculator works

Calculating ROI is actually one of the easier ones, especially if you are familiar with implied probability. Let’s work through a quick example. You are going to place a $100 spread bet at -110 odds. Though the odds for both sides of the bet indicate it is 50/50, you know that your long term winning percentage on spread bets is 55%. What the ROI calculator is going to indicate to us is the ideal outcome, over the long term, of a bet like this. Here are the steps for calculating:

3) Calculate the ROI using the Winnings

The advice that ROI is giving you, is if you should place a wager based on your estimated winning percentage. If your winning percentage is too low, then some favorite bets may not be worth the risk. The trick is always accurately predicting your estimated winning percentage.

Summary

Article Name

ROI Calculator or Return On Investment Calculator on Odds Coach

Description

The ROI Calculator or Return On Investment Calculator helps you measure the efficiency of an investment or our case, a bet. The ROI calculator essentially takes the projected gains from a bet and divides it by the total cost of the bet to come up with a percentage representing the ROI for that wager.

About The Author

The Odds Coach has managed the two largest sports betting sites in the world and worked for one of North America's largest online sportsbooks. After interacting with millions of bettors, he decided informed gamblers are the most successful and loyal customers. He spends his days teaching people the odds-first method of sports betting.